Is Troy, AL a good place to invest in rental property?

Troy, AL has a median modeled monthly cash flow of $-622 and a median cap rate of 3.6%, on a median sold price of $278,600. Prices changed +6.9% year over year.

What is the average cap rate in Troy, AL?

The median cap rate across recently sold homes in Troy, AL is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Troy, AL?

The median sold price in Troy, AL is $278,600 (about $154 per square foot).

Investing in Troy, AL Real Estate

A data-driven snapshot of the Troy, AL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$278,600Median sold price

$154Median $/sqft

3.6%Median cap rate

$-622Modeled cash flow / mo

+6.9%Appreciation YoY

23.0Months of supply

96Active listings

50Sold (last 12 mo)

What the Troy numbers say

In Troy, AL, the median home sold for $278,600 (about $154 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-622 of monthly cash flow. Sold prices moved +6.9% over the past year. Inventory sits at about 23.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Alabama markets to compare

See Troy cash-flowing listings

CashFlowRE ranks every for-sale home in Troy, AL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Troy deals, or browse the national market data.